Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Stake Lessened by Balentine LLC

Balentine LLC cut its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,074,518 shares of the company’s stock after selling 145,706 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 13.1% of Balentine LLC’s portfolio, making the stock its 2nd biggest position. Balentine LLC owned 5.91% of Invesco Russell 1000 Dynamic Multifactor ETF worth $353,745,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in OMFL. Anchor Investment Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $27,000. Parallel Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% during the 1st quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock worth $43,000 after acquiring an additional 160 shares in the last quarter. Frazier Financial Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 5,769.2% during the 1st quarter. Frazier Financial Advisors LLC now owns 763 shares of the company’s stock worth $46,000 after acquiring an additional 750 shares in the last quarter. CoreCap Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 20.8% during the 2nd quarter. CoreCap Advisors LLC now owns 911 shares of the company’s stock worth $62,000 after acquiring an additional 157 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 3rd quarter valued at approximately $64,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.0%

Shares of BATS:OMFL opened at $69.63 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $57.12 and a 52 week high of $72.41. The company’s 50 day moving average is $70.55 and its two-hundred day moving average is $67.09. The company has a market cap of $5.97 billion, a PE ratio of 27.32 and a beta of 1.02.

About Invesco Russell 1000 Dynamic Multifactor ETF

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.